Taxable Value of Transferred Property (Proposal A Uncapping)

Current understanding

To be populated as evidence accumulates.

2026-05-20 — Property tax: exemptions; partial exemption for qualified principal residence upon transfer of ownership; provide for. Amends 1893 PA 206 (MCL 211.1 - 211.155) by adding sec. 7yy. TIE BAR WITH: HB 6005’26: cross-connection with principal-residence-transfer-exemption: Both address property-tax treatment triggered by transfer of ownership; the partial PRE exemption on transfer interacts with Proposal A uncapping mechanics on transferred property. (novelty: 2)
2026-05-20 — Property tax: assessments; taxable value of transferred property; modify. Amends sec. 27a of 1893 PA 206 (MCL 211.27a).: HB5872 (passed chamber) would amend MCL 211.27a to modify how taxable value is set when property is transferred, adjusting Proposal A uncapping rules. (novelty: 2)